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Queen's Gambit Expands Blank-Check IPO to $300 Million


Queen’s Gambit Expands Blank-Check IPO to $300 Million
Bloomberg
1/20/2021
Crystal Tse
© Photographer: John Taggart/Bloomberg
The sun rises on Wall Street near The New York Stock Exchange.
(Bloomberg) Queen’s Gambit Growth Capital, a blank-check company led entirely by female executives, increased the size of its U.S. initial public offering to raise $300 million.
The special purpose acquisition company, or SPAC, said in a statement Tuesday that it sold 30 million units for $10 apiece, confirming an earlier report by Bloomberg.
The company initially filed in December to raise $225 million. It had elevated that target this month to $275 million, according to filings with the U.S. Securities and Exchange Commission. ....

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